Billings’ Kmart Will Close In July
Earlier this year Sears Holdings said it had plans to close a large number of stores nationwide that were non-profitable. Unfortunately those stores were announced on Thursday (April 21st) and Billings is one of those store locations.
The company said that it made these decisions due to "comprehensive evaluation of the company's store portfolio that took into account historical and recent store performance, and the timing of lease expiration's."
There will be a severance for employees and they will be able to apply at other store locations that will remain open.
Read the full press release HERE.